State aircraft industry PT (PT DI) has the capacity to build amphibious planes, member of Commission I of the House of Representatives Al Muzammil Yusuf said Thursday.
He said that amphibious planes may provide a solution to Indonesia as an archipelago because such aircraft can land in many places without depending on land infrastructure.
He even suggested [...]
March 12, 2010 | Published in
Economic |
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The Energy and Mineral Resources Ministry has revised the country’s geothermal potential to 28,100 megawatts (MW) across 265 spots, up from 27,000 MW a decade ago.
Head of the ministry’s geological agency Suchyar said Thursday that with 30 years of operation the geothermal potential equaled 12 billion barrels of oil.
“Compare this potential with our oil reserves, [...]
March 11, 2010 | Published in
Economic |
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Indonesia expects to reach investment grade within one year, Finance Minister Sri Mulyani Indrawati said, citing the healthy state budget and strong economic fundamentals.
“There is no signal we are going to depart from this path … I am still quite optimistic [it can be reached in] one or two years. I am expecting in less [...]
March 11, 2010 | Published in
Economic |
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eState-owned gas distribution company PT Perusahaan Gas Negara Tbk (PGN) plans to import between 1.5 and 2 million tons of liquefied natural gas (LNG) a year from Qatar.
PGN’s vice president for gas supply Gamal Imam Santoso said in Jakarta on Tuesday that the LNG to be imported from Qatar would be supplied to two [...]
March 10, 2010 | Published in
Economic |
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The construction of two main powerhouses in South Bengkulu and North Bengkulu regencies has been started raising each capacity by 1 megawatts (MW) to meet the power needs in the two regencies.
“Construction has begun, its cornerstone had been laid last week, and hopefully the project would be operational this year,” head of the Bengkulu office [...]
March 10, 2010 | Published in
Economic |
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The government will immediately issue a presidential regulation on extractive industries in an effort to make the management of oil profit-sharing funds more transparent.
Finance Minister Sri Mulyani Indrawati made the statement at a national gathering on oil and gas profit-sharing funds in the draft 2011 state budget here on Tuesday.
The substance of the presidential regulation [...]
March 10, 2010 | Published in
Economic |
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Garuda Indonesia`s subsidiary PT GMF AeroAsia meets the requirements and procedures of the maintenance of A320 aircraft according to the civil aviation authority standards of the European Aviation Safety Agency (EASA).
The conclusion was made on the basis of the audit by two EASA auditors Bruno Faucher and Emmanuel Heugas, Fuad Abdullah said in his capacity [...]
March 9, 2010 | Published in
Economic |
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The Indonesian Petroleum Association (IPA) will hold its 34th Convention and Exhibition themed “Investing Together for Future Growth”.
Indonesia’s premier event for the oil and gas industry aims to help boost and attract investment.
The convention and exhibition will be held at the Jakarta Convention Center (JCC) from May 18th to May 20th, 2010.
The convention will feature [...]
March 8, 2010 | Published in
Agenda,
Economic |
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Trade Minister Mari Elka Pangestu said Indonesia`s non-oil/gas exports this year will equal the 2008 performance of 107.8 billion US dollars.
“Under the Medium Term Development Plan (RPJMB), the 2010 export growth has been projected at 7-8.5 percent compared to 2009. If this became a reality, the value will be slightly less than the 2008 achievement, [...]
March 6, 2010 | Published in
Economic |
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The Netherlands has agreed to provide Indonesia with capacity building programs to help deal with a new European Union directive on imports of crude palm oil (CPO).
“There’s an EU directive. The Netherlands has promised to help us, firstly, to understand the EU directive and help us meet the criteria stipulated in the EU directive,” Indonesian [...]
March 5, 2010 | Published in
Economic |
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